1 /5
£119,000
Park House- Guildhall Street, Preston, PR1
- 1 bed
£119,000
- 1 bed
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Estimate monthly mortgage payment:
£543 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£5,950
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Preston is a city on the up, with numerous regeneration projects transforming the city and creating countless employment opportunities. This increase in opportunities has seen an influx of young professionals moving to the city in need of high-quality rental properties.
Demand for small cities like Preston surged between 2020 and 2022, and this is expected to continue. Preston, the 3rd largest city in the Northwest, and is fast becoming one of the UK’s most attractive investment hotspots. However, the window of opportunity is small, estate Agents reported the lowest levels of rental stock last year, with demand far outstripping the supply.
Park House
Park House is the latest edition to the booming Preston rental market. This high-quality residential conversion in the affluent PR1 postcode district will provide 35 self-contained, 1-bedroom apartments in the heart of the city centre that will help combat the ever-increasing tenant demand in the city.
Located in the heart or Preston city centre, it’s clear these apartments will be in high demand. At the moment we’re at the pre-launch phase and this is an opportunity to lock in desired units ahead of the launch.
Developments in Preston city centre with such a location are not easy to find. We only have limited units available, so we advise investors to act quickly to get first pick on the best apartments.
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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Property details
£119,000
1 bed flat for sale
Park House- Guildhall Street, Preston, PR1
Preston is a city on the up, with numerous regeneration projects transforming the city and creating countless employment opportunities. This increase in opportunities has seen an influx of young professionals moving to the city in need of high-quality rental properties.
Demand for small cities like Preston surged between 2020 and 2022, and this is expected to continue. Preston, the 3rd largest city in the Northwest, and is fast becoming one of the UK’s most attractive investment hotspots. However, the window of opportunity is small, estate Agents reported the lowest levels of rental stock last year, with demand far outstripping the supply.
Park House
Park House is the latest edition to the booming Preston rental market. This high-quality residential conversion in the affluent PR1 postcode district will provide 35 self-contained, 1-bedroom apartments in the heart of the city centre that will help combat the ever-increasing tenant demand in the city.
Located in the heart or Preston city centre, it’s clear these apartments will be in high demand. At the moment we’re at the pre-launch phase and this is an opportunity to lock in desired units ahead of the launch.
Developments in Preston city centre with such a location are not easy to find. We only have limited units available, so we advise investors to act quickly to get first pick on the best apartments.